Experience of ensuring the financial capacity of united territorial communities

Кириленко, Ольга; Baranets, Jaroslav

doi:10.35774/visnyk2020.03.054

Cited by 5 publications

(2 citation statements)

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“…It was determined that the activities of local authorities should be aimed at: Аналіз останніх досліджень і публікацій. Дослідженням місцевих бюджетів, фінансової автономії та фінансового вирівнювання займалися такі зарубіжні та вітчизняні вчені як Т. Бондарук [1], Г. Возняк [2], В. Горин [3], І. Гринчишин [4], В. Кравченко, О. Кириленко [3], М. Карлін [5], Б. Малиняк [3], І. Сторонянська [4] та ін. Проте залишається актуальним питання, пов'язане з розвитком місцевих бюджетів в умовах системних трансформацій в економіці з урахуванням фінансової децентралізації.…”

Section: An Indicator Of the Success Of The Introduction Of A New Mec...unclassified

Features of Ensuring the Financial Capacity of the Territorial Community (On the Example of the Lubeshiv Territorial Community of the Volyn Region)

Prots¹,

Matviichuk²

2022

Eastern Europe: economy, business and management

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An indicator of the success of the introduction of a new mechanism for the formation and use of local budgets funds is the financial capacity of the territorial community, which will be achieved when the potential financial capabilities of local self-government bodies ensure the financing of the identified priorities and the achievement of the corresponding results of the socio-economic development of the territories. If the territorial community is financially insolvent, it receives a basic subsidy and subventions from the state budget. The analysis of budget revenues of the Lyubeshiv settlement territorial community shows that official transfers accounted for 72.4% of the territorial community's budget revenues, tax revenues for 26%, and non-tax revenues for 1.5%. It was found that the Lyubeshiv territorial community really does not have the opportunity to independently and in a sufficient amount form the income of its budgets. Expenditures for state-wide functions occupy a fairly large share in the structure of expenditures, on the other hand, revenues from local taxes and fees do not even cover the costs of the management apparatus. At the expense of their own incomes and funds transferred from the state budget, local self-government bodies are able to spend costs on the social and economic development of the respective territorial communities. In order to improve the process of local budget revenue formation, it is necessary to: review the composition of local budget revenue and expand the powers of local authorities regarding the formation of the revenue part of local budgets, in particular, allow the establishment of new economically justified non-tax payments; to ensure monitoring and financial control over the use of funds from local budgets. It was determined that the activities of local authorities should be aimed at: ensuring effective planning, investment attraction and better conditions for job creation; use of local resource potential to create competitive advantages; ensuring the motivation and capacity of "key participants" to take advantage of effective cooperation; creation and support of institutions for the use of intellectual potential.

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Section: An Indicator Of the Success Of The Introduction Of A New Mec...unclassified

Features of Ensuring the Financial Capacity of the Territorial Community (On the Example of the Lubeshiv Territorial Community of the Volyn Region)

Prots¹,

Matviichuk²

2022

Eastern Europe: economy, business and management

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“…[7], Кириленко О. та Баранець Я. [8] присвячені дослідженню спроможності територіальних громад. Окремі інструменти фінансування територіальних громад також розглядалися автором в публікаціях [9][10][11][12][13][14].…”

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Theoretical Approaches to Defining the Concept of “Sustainability of Territorial Communities”

Стойка¹

2022

BSES

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The paper deals with the study of the theoretical foundations of the concept of “sustainability of territorial communities”. Researchers' approaches to understanding the categories of “sustainability” and “economic sustainability” have been analysed. A steady state implies the system's ability to resolve emerging contradictions and resist destabilizing internal and external factors without destroying its integrity and without changing its basic properties. It has been substantiated that in economic theory, sustainability is considered as one of the notions of the concept of economic equilibrium, according to which achieving and maintaining an equilibrium state in the economy is one of the most important micro- and macroeconomic tasks. The economic sustainability of the state can be ensured only given the economic stability of its components (territories, branches of the economy, enterprises). In the Concept of ensuring the national system of stability, it should be understood as the ability of the state and society to effectively resist threats of any origin and nature, to adapt to changes in the safety environment, to maintain stable functioning, and to quickly recover to the desired balance after crises. It has been substantiated that the components of the sustainability of territorial communities are organizational sustainability, financial and social sustainability. Approaches to understanding have been analysed and definitions of each component of sustainability of territorial communities have been proposed. Groups of factors affecting organizational, financial and social sustainability have been outlined. The author's definition of the sustainability of territorial communities has been proposed. It has been substantiated that for the effective and successful development of territorial communities, it is necessary to observe sustainability of each of the outlined components. The level of each type of sustainability affects the overall sustainability of the territorial community. This, in turn, means the ability of territorial communities to resist the influence of threats and dangers of various types and to quickly recover from crises.

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Features and methodological approaches to determining the indicators and the level of capacity of the territorial communities of Ukraine

Baranovskyi

2022

HGJournal

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The capacity of territorial communities is the main indicator of the success of the decentralization reform. Applying the current methodology to determine the capacity of communities showed its essential and technical flaws. The methodology was developed at the beginning of administrative decentralization; therefore, it does not reflect the real capacity of communities, but the presence of conditions for their formation. The primary basis for an objective determination of community capacity is the selection of the relevant indicators and methodological approaches to the development of its assessment scale. The article analyses the approaches of academics and practitioners to determining the list of indicators for the assessment of community capacity. It was established that the set of indicators depends on the scientists' interpretation of the concept of "capable community", it is characterized by fragmentation (financial indicators dominate) and is developed without proper reasoning. Considering these features, the study justified the appropriateness of using the econometric methods and the results of monitoring the activities of communities to analyse their capacity. An information base (27 indicators across 25 communities of Poltava, Volyn and Lvov regions) of the study, which can be considered representative in terms of the regional representation and different types of communities, was formed. Based on the application of correlation and factor analyses, ten (three socio-economic, two infrastructural, and five financial) indicators, which are among the most important indicators of community capacity, were identified. These indicators were selected considering the number of significant correlations and the value of factor loadings. The study established that the current approach to determining the level of community capacity does not enable a proper assessment of existing disproportions. The study proposes to determine the level of community capacity by calculating an integral indicator and to develop a scale of criteria taking into account its deviation from the average values for the country.

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Experience of ensuring the financial capacity of united territorial communities

Cited by 5 publications

References 0 publications

Features of Ensuring the Financial Capacity of the Territorial Community (On the Example of the Lubeshiv Territorial Community of the Volyn Region)

Features of Ensuring the Financial Capacity of the Territorial Community (On the Example of the Lubeshiv Territorial Community of the Volyn Region)

Theoretical Approaches to Defining the Concept of “Sustainability of Territorial Communities”

Features and methodological approaches to determining the indicators and the level of capacity of the territorial communities of Ukraine

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